Financial and economic News from israel - Economic World by Dan Bielski

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Ministry of Transportation started to operate "People's Price List"

Posted on May 23, 2021 by Ifi Reporter - Dan Bielski

The Ministry of Transportation started today (Sunday) the "People's Price List" - an Internet system that allows you to check the real market price of various used vehicles. In the...

Michal Halperin is in charge of the Competition Authority will retire on August 1st

Posted on May 23, 2021 by Ifi Reporter - Dan Bielski

Michal Halperin, who is in charge of the Competition Authority, announced today (Sunday) that she will retire on August 1, six months before the end of her six-year term, which she has held since...

Trains will now operate on Saturdays until late in the evening

Posted on May 23, 2021 by Ifi Reporter - Dan Bielski

The trains will now operate on Saturdays until late in the evening, after their operating hours have been reduced due to security tensions in Israel. During the week, the operating hours on the...

People's Price List database operated by the Ministry of Transportation - Starts Sunday

Posted on May 23, 2021 by Ifi Reporter - Dan Bielski

From today, it is possible to enter the People's Price List database operated by the Ministry of Transportation and check the real market price of vehicles, according to reported transactions....

Rafael ecruits about 600 people each year - but falls short compared to multinational companies

Posted on May 23, 2021 by Ifi Reporter - Dan Bielski

At the end of April, Raphael, the maker of Iron Dome, completed a NIS 805 million fundraising issue for institutional bonds. Iron Dome batteries intercepted more than 1,000 rockets launched into...

Property tax data from the Tax Authority show that a total of 5,245 claims were filed

Posted on May 22, 2021 by Ifi Reporter - Dan Bielski

Ashkelon is the city most hit by missile fire on Israel in Operation Wall Guard. To date, 1,087 claims for damages have been filed in the most bombed-out city. It is followed by Ashdod with 359...

El Al. reported revenue of $ 116.8 million in the first quarter of 2021 - Decrease of 64%

Posted on May 22, 2021 by Ifi Reporter - Dan Bielski

The corona continues to hit El Al. It reported revenue of $ 116.8 million in the first quarter of 2021, compared to about $ 320.8 million in the first quarter last year, a fall of 64%. However,...

Damages due to the war with Hamas will amount to NIS 300 million

Posted on May 21, 2021 by Ifi Reporter - Dan Bielski

Operation Guardian of the Walls lasted 12 days, less than a quarter of Operation Resilient Cliff in 2014, but is expected to rise to the Compensation-Property Tax Fund even more. A statement from...

Fimi fund acquired 80% of Gal Shevab's shares for $ 100 million

Posted on May 20, 2021 by Ifi Reporter - Dan Bielski

The Fimi fund controlled and managed by Yishai Davidi, is deepening its involvement in the field of semiconductors. The fund acquired 80% of Gal Shevab's shares for $ 100 million and will...

Cellcom reported its first quarterly profit after nine consecutive loss-making quarters: NIS 43 million

Posted on May 20, 2021 by Ifi Reporter - Dan Bielski

Cellcom reported its first quarterly profit after nine consecutive loss-making quarters. This is against the background of calls from right-wing elements for a boycott against society, following...

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BRICKSTONE Reports 16% Surge in Safe Deposit Box Rentals by Israelis Living in Western Europe

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 BRICKSTONE, a company operating three private, high-security safe deposit facilities in Israel, has reported an approximately 16% increase over the past month in safe deposit box rentals by Israelis living in France, Germany, the United Kingdom and Belgium. The company attributes... Continue reading →

Finance Ministry Delay Threatens Entry of 50,000 Foreign Workers into Israel

Oct 16, 2026 by Ifi Reporter - Dan Bielski

A dispute over a NIS 10 million budget transfer from Israel’s Finance Ministry is reportedly holding up a government plan to increase the permitted share of foreign workers in the Israeli economy, potentially delaying the arrival of 50,000 additional workers across several key sectors.... Continue reading →

Shoofra Opens New Store at Israel’s Golden Mall, Investing NIS 1 Million

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 Shoofra, the Israeli footwear retailer known for its colorful, original designs and distinctive shoe brands, has opened a new store on the newly inaugurated floor of Golden Mall in Rishon LeZion. The 170-square-meter store represents an investment of approximately NIS 1 million... Continue reading →

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